Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Focus Media
So what: Focus Media was just one of Shao's picks during the interview, which keyed off disappointing financial results reported by Chinese Internet conglomerate Tencent Holdings yesterday. He also expressed positive views of SINA
Now what: Interestingly, the plug didn't hold for long. Traders sold off the rally, and shares of Focus Media closed down close to 3% on an otherwise up day for the Dow Jones Industrial Average
Interested in more information about Focus Media? Add it to your watchlist.